Canada Announces New Dairy Working Groups

Agriculture and Agri-Food Canada this week announced new dairy working groups to address industry concerns. Agriculture Minister Lawrence MacAulay announced the new working groups comprised of dairy farmers and processors. Canada says that while informal engagement has already begun with the dairy sector, the working groups bring together officials from Agriculture and Agri-Food Canada, representatives from national dairy organizations and associations, as well as regional representatives. MacAulay says the working groups will help “make sure the sector remains strong, stable, and competitive well into the future." One of the working groups will focus on helping dairy farmers adjust to the U

Cheese prices continue to sink

Cheese prices fell last week taking futures with them, but then rallied a bit. Block Cheddar fell to $1.47 per pound last Wednesday, the lowest price since June 26, 2018, but closed Friday at $1.5150, up 1 3/4-cents on the week and ending three weeks of decline, but still 23 cents below a year ago. The barrels plunged to $1.2075 Wednesday, lowest price since June 27, 2018, and an earshot away from a 9-year low. They finished Friday at $1.25, down 1 3/4-cents on the week and 45 1/2-cents below a year ago. The blocks held at Friday’s close Monday while the barrels rolled 1 3/4-cents lower. The blocks inched a quarter-cent lower Tuesday, to $1.5125, as traders anticipated Thursday’s September D

September Ag Prices Received And Paid Decrease

September Prices Received Index Decreased 1.5 Percent The September Prices Received Index (Agricultural Production), at 88.2, decreased 1.5 percent from August 2018. At 88.1, the Crop Production Index decreased 2.0 percent. The Livestock Production Index, at 88.3, decreased 1.1 percent. Producers received lower prices for broilers, market eggs, cattle, and grapes but higher prices for milk, apples, strawberries, and sweet corn. Compared with a year earlier, the Prices Received Index is down 4.6 percent. The Crop Production Index decreased 2.0 percent and the Livestock Production Index decreased 6.9 percent. In addition to prices, the indexes are influenced by the volume change of com

Class III milk price drops below $16

Dairy Outlook: Weaker cheese prices are to blame for the milk price decline. After increasing in September, milk prices declined in October. “The Class III price was $14.95 in August and increased in September to a high for the year at $16.09,” says Bob Cropp, University of Wisconsin Extension dairy economist. “But it looks like October may be closer to $15.60.” The weakening of cheese prices is responsible for a lower Class III price. Cheddar 40-pound blocks were as high as $1.70 per pound in early September and averaged $1.65 for the month. But as of Oct. 19, blocks had fallen to $1.47 and may average around $1.60 for the month. Cheddar barrels have fallen rather sharply, Cropp says. “Barr

USDA Crop Progress - Soybean Harvest Speeds Up, But Still Behind Average

OMAHA (DTN) -- The nation's soybean harvest picked up speed last week, while the percentage of corn harvested ended the week equal to the five-year average, USDA's National Ag Statistics Service said in its weekly Crop Progress report on Monday. As of Sunday, Oct. 28, 72% of the nation's soybeans were harvested, up 19 percentage points from the previous week but still 9 percentage points behind the five-year average of 81%. That was an improvement from the previous week when harvest lagged the average pace by 16 points. "Judging by the slower pace of harvest, several states appear to have troubled areas, including Iowa, Kansas, Arkansas, Minnesota, Missouri, Nebraska, Wisconsin and the Dakot

Fluid Milk and Cream - Western U.S. Dairy Report

Some reports suggest that many California dairies are for sale, and some others are on the edge of going out of business. California milk production trends are essentially flat. Temperatures have toned-down and weather conditions are helping keep herd stress down. Fat and protein levels are steady compared to last week. Class 1 sales are generally even. Processing plants are running on active and planned schedules. Freight costs continue to be expensive because of hauling limitations. Some reports suggest that many dairies are for sale, and some others are on the edge of going out of business. Arizona milk supplies available to processors are slowly increasing this week. Heavy rains in the p

NMPF Asks USDA to Boost Dairy Trade Aid

The National Milk Producers Federation this week asked the Department of Agriculture to better support dairy farmers who are experiencing losses stemming from the Trump trade agenda. The Federation says in a letter to USDA that the agency needs to better reflect the dairy-farm incomes lost to tariff retaliation when it calculates its next round of trade mitigation payments. NMPF Chairman and dairy farmer Randy Mooney cited four studies illustrating that milk producers have experienced more than $1 billion in lost income since May, when the retaliatory tariffs were first placed on dairy goods in response to U.S. levies on foreign products. In contrast, the first round of USDA trade mitigation

This Week's Drought Summary (10/25)

Outside of additional heavy rain across the southcentral United States, conditions were generally quiet across the Nation. The break from the recent active weather pattern led to a quiet week in the U.S. Drought Monitor, with changes mostly confined to the South. While lingering wetness further reduced or eliminated drought from the Four Corners into Texas, short-term dryness was developing over parts of the Southeast. Note: the weekly drought analysis incorporates rain that has fallen through 12z Tuesday (8 a.m., EDT); any precipitation that falls after the data cutoff will be included in the following week’s assessment. Consequently, the heavy rain — associated in part with the remnants of

Cheese prices continue to sputter

CME spot cheese prices plunged ahead of Friday afternoon’s September Milk Production report and Monday’s Cold Storage report and were down for the third consecutive week. The Cheddar blocks closed Friday at $1.4975 per pound, down 11 1/4-cents on the week and 17 1/4-cents below a year ago. The barrels fell to $1.2675, down 9 1/4-cents on the week and 37 1/4-cents below a year ago. The blocks regained three-quarters Monday but dropped 3 cents Tuesday to $1.4750, the lowest price since June 26, 2018. The barrels dropped 2 3/4-cents Monday and lost 2 cents Tuesday, descending to $1.22, the lowest CME price since June 26, 2018 and approaching 9-year lows. They are now 25 1/2-cents below the bloc

USDA Crop Progress - Corn, Soybean Harvest Slows Again Last Week

OMAHA (DTN) -- The nation's soybean harvest fell further behind the normal pace last week, and corn harvest also slowed to just a couple points ahead of average, USDA's National Ag Statistics Service said in its weekly Crop Progress report on Monday. As of Sunday, Oct. 21, 53% of the soybean crop was harvested, 16 points behind the five-year average of 69%. That's slightly further behind average than the previous week when harvest stood at 15 points behind the five-year average. "Illinois and Indiana are the only major producers ahead of their five-year average pace," said DTN Analyst Todd Hultman. "Iowa's soybeans are only 37% harvested versus a five-year average of 71% for this time of yea

It Isn't All Bad News On Dairy

The dairy industry has had plenty of issues to drag our spirits down lately. Some of those items would include the fourth year of relatively low milk prices, trade wars, and a wet fall hampering fieldwork and subsequently degrading feed quality. On a dairy product front, fluid milk consumption that has been in decline for years, and recently we are blaming millennials for turning their backs on processed cheese. How about some good news for a change? USDA’s Economic Research Service (ERS) has recently released their estimates of per capita consumption of dairy products, and yes, you can see fluid milk and processed cheese taking a hit. The bloom is off the rose for Greek yogurt and ice cream

Fluid Milk and Cream - Western U.S. Dairy Report

Milk output in California is holding steady with recent weeks. Components’ recovery is ahead of milk volumes, giving a slight bump to butterfat and protein-based products processing. Compared to last week, this week there is an unchanged request for Class 1 accounts. Handlers are still encountering hauling issues. Nonetheless, they are finding ways to juggle milk around to the manufacturing plants. Milk supplies are enough to meet all processing requirements. Arizona farm milk production levels are gradually increasing, reflective of better weather conditions for milk cows across the state. Handlers are moving milk around to meet current industry needs. Processing plants have sufficient capa

August Milk Production up 1.4 Percent

Milk production in the 23 major States during August totaled 17.2 billion pounds, up 1.4 percent from August 2017. July revised production, at 17.3 billion pounds, was up 0.5 percent from July 2017. The July revision represented an increase of 16 million pounds or 0.1 percent from last month's preliminary production estimate. Production per cow in the 23 major States averaged 1,974 pounds for August, 28 pounds above August 2017. This is the highest production per cow for the month of August since the 23 State series began in 2003. The number of milk cows on farms in the 23 major States was 8.74 million head, 3,000 head less than August 2017, but 4,000 head more than July 2018. August Milk Pr

2018-19 USDA milk production forecasts raised

The USDA’s October World Ag Supply and Demand Estimates (WASDE) report boosted milk production forecasts for both 2018 and 2019, while also projecting only a slight improvement in 2019 prices. Citing increased milk output per cow, the USDA’s 2018 milk production estimate now stands at 218.1 billion pounds, up 300 million pounds from last month’s forecast. That would be up about 1.2 percent from 2017’s production total of 215.5 billion pounds. Based on current estimates, USDA left 2018 projected average milk prices (midpoint of range) mostly unchanged from a month ago. Projected annual average prices for 2018 are: Class III – $14.90 per hundredweight (cwt); Class IV – $14.25 per cwt; and all-

NOAA is calling for above-normal temperatures over the northern and western U.S. for winter

OMAHA (DTN) -- The weather recordkeeping winter season, from December 2018 through February 2019, is about five weeks away. Ahead of winter, the U.S. National Oceanic and Atmospheric Administration (NOAA), is calling for above-normal temperatures over the northern and western U.S. -- including the Plains and the northern and western Midwest -- with "equal chances" for above, normal, or below-normal temperatures elsewhere.There is no region of the contiguous U.S. with below-normal temperatures forecast in the NOAA outlook.That call is not universal in the weather community. DTN's winter forecast, issued in early October, contrasts sharply with NOAA's prediction. The DTN forecast is for below-

This Week's Drought Summary (10/17)

A wet weather pattern persisted across most of the nation, as the active Atlantic and Eastern North Pacific Hurricane Seasons continued. Hurricane Michael rapidly intensified just prior to slamming ashore in the Florida Panhandle, producing heavy rain across portions of the Southeast but causing fatalities as well as widespread, locally catastrophic damage to homes, businesses, infrastructure, and agriculture. Out west, moisture associated with Hurricane Sergio triggered additional moderate to heavy rain across the lower Four Corners Region. Abundant moisture associated in part with the remnants of Sergio also led to another round of heavy rain from Texas northeastward into the middle Missis

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